Defiance Silver (CVE:DEF) Trading Up 7.4% – What’s Next?

Defiance Silver Corp. (CVE:DEF)’s share price traded up 7.4% during mid-day trading on Monday . The stock traded as high as C$0.29 and last traded at C$0.29. 149,950 shares were traded during trading, a decline of 61% from the average session volume of 383,561 shares. The stock had previously closed at C$0.27.

Wall Street Analyst Weigh In

DEF has been the topic of several recent research reports. HC Wainwright raised shares of Defiance Silver to a “strong-buy” rating in a research report on Thursday, December 12th. Northland Capmk raised Defiance Silver to a “strong-buy” rating in a report on Wednesday, January 15th.

Defiance Silver Price Performance

The company has a market capitalization of C$74.80 million, a P/E ratio of -22.28 and a beta of 2.95. The stock’s fifty day simple moving average is C$0.25 and its 200-day simple moving average is C$0.25.

About Defiance Silver

Defiance Silver Corp., an exploration stage company, acquires, explores, evaluates, and develops mineral properties primarily in Mexico. It primarily explores for gold, copper, and silver deposits. The company was formerly known as Defiance Capital Corp. and changed its name to Defiance Silver Corp. in June 2011.